Baymeadows Sublease

Baymeadows

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
4,400
As of: August 20, 2017

Baymeadows Rates

The typical asking rate per listing is in the $10's per square foot per year. The Baymeadows submarket is going through a decline in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 33% decrease in rent.

Compared to the rest of the Jacksonville market, the Baymeadows submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Baymeadows Listing Supply

In the last 90 days, 3 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 100% of the listings in the Baymeadows are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 4,400 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 4 floors. Most buildings in this market were built in 1998 and are Class A.

Baymeadows Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst Baymeadows folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Baymeadows.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Baymeadows.
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